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Colombia’s Largest Bank Sees 2027 Growth Slowing to 2.4% on Spending Cuts

Grupo Cibest, parent of Bancolombia, cut its Colombia 2027 growth forecast to 2.4% from 2.6%, saying the government’s spending squeeze will take half a point off growth while inflation tops 7% and rates stay at 12%. The post Colombia’s Largest Bank Sees 2027 Growth Slowing to 2.4% on Spending Cuts appeared first on The Rio Times .

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